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Marriott International shareholders to vote on bylaws amendment proposal

Hotel operator Marriott International Inc. disclosed a bylaws amendment proposal and three shareholder resolutions for consideration at its annual shareholder meeting slated for May 4.

Shareholders at the meeting will be asked to approve the company's proposed amendment to its bylaws to allow holders of 25% of its stock to call special meetings.

The shareholder resolutions include allowing holders of an aggregate 15% of company stock to call special meetings; adopting a simple-majority voting standard in Marriott's governance documents; and requesting a report on the company's policies and goals for pay equity based on gender, race and ethnicity.

Stockholders of record at the close of business March 12 are entitled to participate in the meeting.